Payroll Coordinator

Job Title: Payroll Coordinator

Job Type: Full-Time

Mass Markets is a leading Business Process Outsourcing (BPO) company that specializes in delivering tailored solutions to meet the diverse needs of our clients.

We are seeking a Payroll Coordinator who will play a critical role in ensuring accurate and timely processing of payroll for employees.

The ideal candidate will have a strong understanding of payroll systems, laws, and regulations, as well as excellent organizational and communication skills.

Key Responsibilities:

• Calculate wages, deductions, and withholdings, ensuring accuracy and compliance with company policies and applicable laws.
• Enter payroll data accurately into the payroll system and verify the accuracy of payroll reports before processing.
• Review and reconcile payroll transactions, including salary adjustments, bonuses, commissions, and benefits contributions.
• Ensure compliance with federal, state, and local payroll tax regulations, including withholding requirements, reporting, and remittance of payroll taxes.
• Prepare and submit payroll tax returns, W-2 forms, and other required filings in a timely manner.
• Administer employee benefits programs related to payroll deductions, such as health insurance, retirement plans, and flexible spending accounts.
• Coordinate with HR and benefits providers to ensure accurate enrollment, changes, and terminations.
• Maintain and update payroll records, employee profiles, and payroll-related information in the payroll system.
• Troubleshoot system issues, resolve discrepancies, and ensure data integrity and security.
• Respond to employee inquiries regarding payroll matters, including pay discrepancies, tax withholdings, and benefit deductions.
• Provide assistance and guidance to employees on payroll-related policies, procedures, and documentation requirements.
• Assist with internal and external audits of payroll records, providing documentation and support as needed.
• Conduct periodic audits of payroll data to identify errors, discrepancies, and potential areas for improvement.
• Identify opportunities to streamline payroll processes, improve efficiency, and enhance controls.
• Collaborate with cross-functional teams, including HR, Finance, and IT, to implement process improvements and system enhancements.

Candidate Qualifications:

• Bachelor's degree in Accounting, Finance, Business Administration, or related field preferred.